By Manya Saini Jan 7 (Reuters) - Shares of billionaire Michael Saylor's Strategy rose in premarket trading on Wednesday, after MSCI dropped a plan to ​exclude the bitcoin hoarder and other crypto treasury firms from its ‌indexes. Digital asset treasury companies, often called DATCOs, surged in popularity in 2025 as a wave of firms ‌began holding crypto tokens such as bitcoin and ether as their main treasury assets, lifting prices and giving investors a proxy for direct exposure. Despite their popularit ...

Core Viewpoint - MSCI's proposal to exclude crypto treasury companies from its indices could lead to significant forced sales of digital assets, potentially amounting to $10 billion to $15 billion [1][4]. Group 1: MSCI Proposal and Impact - MSCI is considering a delisting proposal that would exclude public companies with over 50% of their assets in digital assets from traditional stock indices like the MSCI USA Index [1][2]. - If implemented, this proposal could force crypto treasury companies to sell billions of dollars worth of crypto assets, with estimates suggesting a range of $10 billion to $15 billion in forced sales [4]. Group 2: Affected Companies - A total of 39 companies have been identified that could be impacted by this proposal, including 18 index constituents and 21 non-constituents, with a combined float-adjusted market cap of $113 billion [4]. - MicroStrategy, led by Michael Saylor, represents 74.5% of the total float-adjusted market cap of these companies [4]. Group 3: Criticism of MSCI's Approach - BitcoinForCorporations criticized MSCI's approach as "discriminatory," noting that similar exclusion rules do not apply to companies holding gold or bonds [5]. - The group advocates for enhanced disclosure requirements instead of exclusion for companies involved in crypto treasuries [5].

Fund manager and activist investor Eric Jackson is set to head a crypto treasury firm following a reverse merger with pet wellness company SRx Health Solutions , sending the company's shares soaring i... ...

GameStop (NYSE:GME) is the O.G. of meme stocks, the company that sparked the retail trading frenzy in 2021 and turned it into a Wall Street punchline. But those glory days are ancient history. The once-dominant video game retailer just dropped its third-quarter earnings. While showing strong year-over-year profit growth, the core business is crumbling under the weight of digital downloads and subscription services. Its lone bright spot was once again collectibles, now 31% of revenue — up from 20% last year ...

Company Overview - BitMine Immersion announced the addition of over $265 million in Ethereum to its treasury, acquiring 96,798 ETH, but its stock fell 12% as crypto prices declined [1][2] - The company currently holds 3,726,499 ETH valued at $10.1 billion and 192 Bitcoin worth nearly $16 million, along with $882 million in cash and a $36 million stake in crypto treasury Eightco [2] Market Performance - BitMine's stock has increased by 301% year-to-date, despite a recent drop in ETH's price by 9.7% over a 24-hour period, trading at $2,745 per coin [2] - The average purchase price for BitMine's Ethereum was $3,008, indicating a significant unrealized loss given the current market price [2] Market Context - Ethereum's price is 45% below its record high of $4,946 from August, but market stabilization has been noted following a significant crash in October [3] - The October crash resulted in a record $19 billion in open interest being wiped out in the crypto markets [3] Industry Trends - Strategy, a leading company in crypto treasuries, announced the formation of a $1.44 billion U.S. dollar reserve to provide continuous dividends, even during downturns in Bitcoin prices [4] - Despite this reserve, Strategy has not ruled out the possibility of selling Bitcoin, reflecting a shift in their holdings strategy [5] Price Predictions - In a prediction market, over 76% of respondents expect Ethereum to drop to $2,500 in its next significant move, while the remainder anticipates a rise to $4,000 [7]

Core Insights - BitMine Immersion Technologies added $195 million worth of Ethereum to its holdings, now owning 3% of the total supply, equating to 3.63 million Ethereum valued at $10.1 billion [1][2] - Despite a recent stock price drop of 43% over the past month, BitMine's shares rose 10% to $28 on Monday [2] - The company reported an increase in unencumbered cash from $607 million to $800 million, while still holding 192 Bitcoin and a $38 million stake in a crypto treasury firm [3] Company Performance - BitMine's stock price fell to a four-month low of $24.33 last week before recovering to $28, reflecting a significant decline in the past month [2] - The recent acquisition of 69,822 Ethereum represents a 1.9% increase from the previous week, marking it as the second smallest purchase of the year [2] Market Context - The purchase of Ethereum comes amid heightened scrutiny of crypto-buying firms, as their market caps approach the value of their digital assets [3] - Ethereum's price recently fell to a four-month low of $2,680 but has since recovered to around $2,859, showing a 2.2% increase over the past day [5] - A Myriad prediction market indicates only 32% of respondents believe Ethereum will rise to $4,000 in its next significant move, reflecting overall pessimism [5]

The plunging value of Bitcoin is piling pressure on the securities Strategy has been issuing in bulk to buy the asset, raising questions about the financing model of the world’s largest crypto treasury firm https://t.co/uwhs61zA6g ...

Core Insights - Ripio, a Latin American cryptocurrency exchange, has disclosed a crypto treasury valued at over $100 million, positioning it as the second-largest publicly known firm in this sector in Latin America, following OranjeBTC [1][2] Company Overview - The CEO of Ripio, Sebastian Serrano, confirmed the treasury value during an interview at DevConnect 2025 in Buenos Aires, highlighting that the company began acquiring bitcoin and ether in 2017 [2] - Ripio has employed trading and hedging strategies to manage its crypto holdings, although specific details regarding the asset breakdown and performance were not provided [2] Competitive Landscape - OranjeBTC is identified as the largest digital asset treasury company in Latin America, holding 3,713 BTC valued at over $335 million [3] - The third-largest digital asset treasury in the region is Méliuz, with approximately $54 million in bitcoin, while Mercado Libre, a major e-commerce player, holds $51 million in BTC [3]

How Tom Lee (@fundstrat) is Preparing For Ethereum’s Future 🔮Fundstrat Global Advisors’ Head of Research Tom Lee, who is chairman of BitMine Immersion Technologies, shares his perspective on Ethereum. He explains how the asset is being leveraged by crypto treasury firms, as well as a growing number of financial institutions. ...

Tracking crypto treasury companies just got easier.We’ve added new stock + treasury metrics across our treasury pages and DATCo profiles to help you compare companies at a glance.Here’s what’s new 👇https://t.co/DYdZ54Qlzz https://t.co/6CokkUKkJr ...